Business

The primary purpose of the CAVS programme is to develop a 6x6 armoured vehicle system that meets the common requirements of the member countries. Patria's 6x6 in winter environment. (Image: Patria)

Germany Becomes a Full Member of the CAVS Program

Business, News

Germany has officially become a full member of the Common Armoured Vehicle System (CAVS) program as of January 2025, marking a significant advancement in European defence collaboration. This strategic move not only enhances Germany’s military capabilities but also presents substantial opportunities for several defense companies involved in the program. The CAVS program, initiated in 2019

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Reshaping Defence Tech: Patria Seizes Digital Power with ILIAS Solution Acquisition

Business, News, Technology

Patria has made a decisive move in the global defence industry by acquiring ILIAS Solutions, a Belgium-based leader in digital defence platforms. This acquisition catapults Patria to the forefront of military digitalisation, reinforcing its commitment to data-driven warfare, predictive maintenance, and fleet management. By integrating ILIAS Solutions’s cutting-edge software into its OPTIME service, Patria is

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Skynex, an evolution of Rheinmetall's Skyguard system, features a 31-mile-range radar, a command post and four guns, each equipped with electro-optical sensors and a tracking radar. The guns are able to fire 1,000 35mm rounds a minute, hitting a target 2.5 miles away. (Image: Rheinmetall)

Italy Bolsters Air Defence with €280 Million Skynex Acquisition

Business, Technology

The Italian Army has decided to significantly enhance its air defence capabilities by contracting Rheinmetall Italia S.p.A. to supply four Skynex air defence systems. The total value of the deal is approaching €280 million. The initial system, costing €73 million, is scheduled for delivery by the second quarter of 2026, with options for three additional

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Lithuanian Defence Industry: Cyber-security and Unmanned Systems

Business

The Lithuanian defence industry has evolved significantly from its modest beginnings in the early 20th century, through the challenges of Soviet occupation, to its status as a burgeoning sector within the European defence landscape. It focuses on cybersecurity and such unmanned systems as drones. Lithuania’s defence industry is poised for growth, driven by the country’s

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From Airplanes to Drones – The History of Lithuanian Defence Industry

Business, History

Lithuania’s defence industry traces its origins back to the interwar period when the country was establishing its sovereignty and building its military capabilities. In the 1930s, Lithuania focused on developing its military infrastructure and industries, including aviation. Today, it is back in the air, specializing in cybersecurity and drones. Before Lithuania declared its independence in

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Northern European Defence Industry in Q1

Defence and Demand: Northern European Companies Capitalize on Global Military Expansion in Q1

Analysis, Business

The beginning of the year has been promising for the Northern European defense industry, with increased sales and strong profits. German Rheinmetall, Norwegian Kongsberg, Swedish SAAB, and Finnish PATRIA have all reported excellent Q1 results. Only two Nordic companies are in the World TOP100 of arms-producing and military services companies: SAAB (39th in 2022) and

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Double or Nothing: Nordics Are Ramping Up Ammo Production

Business, News, Report, Weapons

It was a long wait for Ukraine before the US Senate finally approved its 60-billion-dollar aid, including long-range ATACMS missiles. In the meanwhile, the EU and Nordic countries have already acted. The Nordics and the Balts are rapidly boosting their ammunition production for Ukraine, particularly 155mm artillery shells. While the additional ammunition is crucial to

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Patria Strikes Deal for a Mighty Fleet: 321 Six-Wheeled Armoured Titans and Eight Navy Mortar System Bound for Sweden

Business, News

Sweden has inked a deal for a fleet of 321 advanced armored vehicles and eight innovative naval mortar systems from Finnish defense manufacturer Patria. Valued at roughly EUR 470 million, the armored vehicle procurement ranks among Sweden’s most substantial military investments in Patria’s equipment. The order includes the versatile Patria 6×6 armored personnel carriers, known

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